12025 Tx-16San Antonio, TX 78224

For Sale
$4,950,000

99 Acres, Hwy 16 Frontage, $4.95M

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 99.95-acre commercial land parcel presents a significant investment opportunity in San Antonio, Texas. Strategically located at 12025 TX-16, Bexar County, zip code 78224, the property boasts approximately 1,215 feet of frontage along the west side of Highway 16 South's access road, providing excellent visibility and accessibility. The land is zoned MI-1 and offers significant development potential. Currently generating approximately $98,600 in annual gross income from month-to-month tenants, this property presents a compelling blend of immediate income and long-term growth prospects. Note that a portion of the property falls within the 100-year floodplain along Leon Creek and is subject to a Texas Commission on Environmental Quality (TCEQ) remediation plan currently underway. The asking price is $4,950,000, translating to a land value of $1.14 per square foot. Furthermore, a portion of this expansive tract is situated within the Far South Opportunity Zone, potentially offering attractive tax advantages for qualified investors. The property's APN is 189251. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area of San Antonio.

Highlights

  • Approximately 99 acres with 1,215 feet of frontage on Hwy 16 South access road.
  • Located in the Far South Opportunity Zone.
  • Partial TCEQ remediation plan in progress.
  • $98,600 annual gross income from month-to-month tenants.
  • Portion of property in the 100-year floodplain along Leon Creek.

Property Details for 12025 Tx-16

Property type
Other land, Land
Lot Size (sq. ft)
4,353,822 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.299220277934
Longitude
-98.557127211922
12025 Tx-16, San Antonio, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
12025 Tx-16
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message